I cannot find a formula that works for tiered pricing. Please help.
1-6000 gals is priced at $3.55 per 1000 gals ($0.00355 per gallon)
6000-25000 gals is priced at $3.95 per 1000 gals ($0.00395 per gallon)
25000 gals and up is priced at $4.40 per 1000 gals ($0.00440 per gallon)
I want to set up a formula that returns the total price when I put in the total number of gallons. So if the total of gallons is 33,144 the formula should give me a total cost based on all those tiers.
I tried using sumproduct but can't get it to work. All of the formulas I have found have price breaks. This formula needs to calculate price increase.
Any ideas? Thanks!
1-6000 gals is priced at $3.55 per 1000 gals ($0.00355 per gallon)
6000-25000 gals is priced at $3.95 per 1000 gals ($0.00395 per gallon)
25000 gals and up is priced at $4.40 per 1000 gals ($0.00440 per gallon)
I want to set up a formula that returns the total price when I put in the total number of gallons. So if the total of gallons is 33,144 the formula should give me a total cost based on all those tiers.
I tried using sumproduct but can't get it to work. All of the formulas I have found have price breaks. This formula needs to calculate price increase.
Any ideas? Thanks!